The Westaim (TSXV:WED) 3-Year Share Buyback Ratio : 3.00% (As of Dec. 2024)

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What is The Westaim 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. The Westaim's current 3-Year Share Buyback Ratio was 3.00%.

The historical rank and industry rank for The Westaim's 3-Year Share Buyback Ratio or its related term are showing as below:

TSXV:WED' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -117.6 Med: -1.2 Max: 3
Current: 3

During the past 13 years, The Westaim's highest 3-Year Share Buyback Ratio was 3.00%. The lowest was -117.60%. And the median was -1.20%.

TSXV:WED's 3-Year Share Buyback Ratio is ranked better than
86.55% of 1152 companies
in the Asset Management industry
Industry Median: -0.9 vs TSXV:WED: 3.00

Competitive Comparison of The Westaim's 3-Year Share Buyback Ratio

For the Asset Management subindustry, The Westaim's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Westaim's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where The Westaim's 3-Year Share Buyback Ratio falls into.

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The Westaim 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Westaim (TSXV:WED) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

The Westaim 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of The Westaim's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

The Westaim Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

WEDXF:USA 7N4:Germany

Address

405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174

Website

https://www.westaim.com

The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.

Executives

Glenn Garry Macneil	Senior Officer
J. Cameron Macdonald	Director, Senior Officer
Ian William Delaney	Director, Senior Officer
Parag Shah	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
William Ruel Andrus	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jim Charles Hays	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Donald Dumford Larson	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Stephen Cole	Director
Joseph Arthur Schenk	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

The Westaim Headlines

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